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Laguna Beach’s Rum Social is a new favorite for design-conscious locals and tourists
Good food and good service are among the most important aspects of a successful restaurant, but award-winning designer Ken Ussenko thinks ambiance matters just as much.
“I think it’s really important because it’s always about the first few minutes, even the first few seconds, of a person entering an environment that they’re starting to subliminally judge,” Ussenko said. “They’re going to react to it one way or another, internally, and you’ll know from the start how you feel, and that’s the first part of your experience.”
Ussenko, of Kenneth Ussenko Designs, is a partner in Rum Social at Laguna Beach, a joint venture with veteran restaurateur John Fisher.
“Even though we design about 10 restaurants a year, this is my first place, and I wanted to have the essence of my story and my travels around the world. There are so many California style restaurant concepts, why not just take [guests] to another exotic place, another beach somewhere else? Ossenko said. “I wanted to take [guests] on a tropical getaway.”
Since the island hideaway on the South Coast Highway opened in March in the former Watermarc space, it has been the subject of a buzz among tourists and locals alike, which Ussenko credits its consideration for the neighborhood restaurant.
“I wanted the people of Laguna Beach to feel like it’s a little different place,” Ussenko said. “I tried to get feedback from the locals.”
The dining room is full of subtle nods to 1930s Hollywood tiki culture, with pink velvet booths, for example, and tropical wallpaper that forgoes bright colors for sleek black and white.
The jewel in the restaurant’s crown is the treehouse bar, which overlooks the Peppertree Lane courtyard. Rum Social’s beverage program takes inspiration from the Caribbean and Pacific Islands, and Ussenko reflects these environments at the next level.
“In the restaurant experience before ours, no one really went upstairs to sit down to eat,” Ussenko said. “I can create a different energy up there. Everyone really loves that whole trip up there.
Ussenko’s attention to style earned the restaurant a nomination for the Restaurant Global Award at the 2022 International Hotel and Property Awards.
“Every year I submit one or two projects that we design,” Ussenko said. “Rum Social was nominated in the field of California restaurants. It was exciting for us, having put so much time and thought into it.
With Ussenko managing the vibe, much of the food is left to executive chef Nick Herrera, who recently took over after being part of Rum Social’s opening team.
“About three weeks ago I was promoted to executive chef. But I was here from day one, when everything was still concrete,” Herrera said. ‘origin.”
Herrera’s new dinner menu includes ginger-glazed plantains, hamachi tostadas with mashed avocado and seasonal dishes, like pumpkin curry soup served in a roasted pumpkin.
“I’m very vegetable and seafood-focused, and that’s the energy we want to bring to Rum Social,” Herrera said. “I really want to make it a tropical getaway, introducing much stronger sauces, brighter colors; that was my motivation behind the menu we developed here.
In addition to dinner, Rum Social offers a weekend brunch from 10 a.m. to 3 p.m. with more island-inspired dishes like French Caribbean toast topped with guava syrup, banana anglaise and fresh berries .
Whether guests come for brunch, dinner, or cocktails at the treehouse bar, the Rum Social team hopes they’ll feel transported, even just for a little while.
“I want customers to feel like they’ve been on a different journey, not only with good vibes and visual stimulation, but also with the food they’ve tasted and the drinks they’ve had,” said Ussenko said. “I want them to get it all from sight, sound, feel, taste and touch.”


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Pickup trucks have become a favorite target by vehicle thieves according to a new report released by the National Insurance Crime Bureau (NICB).
Between January 1, 2010 and December 31, 2013, 9,441 pickup trucks were reported stolen. Full-sized pickup trucks had more thefts with 8,367 thefts versus 895 for compact pickups. Mid-sized pickup trucks had the fewest thefts with 179.
The report looks at theft data only for model years 2011, 2012, and 2013 pickups stolen between January 1, 2010 and December 31, 2013. The classes of pickups are compact, mid-size and full size as described in Automotive News’ Data Center. Compact pickup trucks included Nissan Frontier and Toyota Tacoma. Mid-sized pickups included Chevrolet Colorado and the GMC Canyon. Chevrolet Silverado, Dodge Ram, Ford F Series, GMC Sierra, Nissan Titan and Toyota Tundra were classified as full-sized pickups.
Of the 9,441 total pickup thefts, 4,428 are of the 2011 model year, 3,235 are of the 2012 model year, and 1,778 are of the 2013 model year.
Texas experienced the highest number of pickup thefts with 2,130—representing nearly 23 percent of all pickup truck thefts in the U.S. California came in second with 1,676 thefts, followed by Florida with 522.
The top theft Core-Based Statistical Area (CBSA) was Los Angeles-Long Beach-Anaheim, CA with 455 thefts, followed by Dallas-Fort Worth-Arlington, TX with 322 thefts, and Houston-The Woodlands-Sugar Land, TX with 274 thefts.
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The Corn Exchange in Leeds is being relaunched as the city's first "food emporium" and is calling on hospitality operators to get involved.
The 150-year-old Grade I-listed building is undergoing a £1.5m refurbishment that will see it transformed from a shopping centre to a foodie destination featuring a range of operators offering regional, national and international cuisine.
Adrian Johnson, partner at Central Retail, which is marketing the centre to potential operators, said that the project creates an exciting prospect for Leeds.
"The scheme will serve a very large and diverse regional customer profile, drawing from neighbouring towns and cities as well as Leeds," he said. "We are speaking to a number of branded restaurant operators to establish a new ‘statement' restaurant in the lower-level piazza, with panoramic views of the refurbished interior."
Separately, Cheapside, in the City of London, is to undergo a multimillion-pound revamp by 2012 that will turn it into a shopping and leisure attraction with increased retail space of about 140,000sq m.
By Kerstin Kühn
E-mail your comments to Kerstin Kühn here.


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Six out of ten customers use the same password for multiple websites, which could potentially compromise financial data, according to US fraud-detection vendor CSID.
Most passwords contain between 8 and 10 characters, though there are websites that don’t allow for more, according to TechWorld.
“Many businesses don’t fully grasp how consumers’ password habits can impact their security and safety,” Adam Tyler, chief information officer for CSID, told TechWorld.
Consumers can take some steps to protect their financial access online, according to U.S. News.
A strong password is random and combines uppercase and lowercase letters, numbers and symbols, according to U.S. News.
Using various passwords for different online accounts reduces the damage caused when one is breached, according to TechWorld.
When possible, make your password longer than 10 characters, according to TechWorld.
Financial institutions never ask you for your password. Be careful about what information you give away online — if it can compromise an online account, don’t share it, according to U.S. News.
Several banks and credit unions offer an extra security layer by providing an extra passcode upon request, according to U.S. News.
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More than 90% of brands use influence marketing in their communication strategy.
Web push notification, call center, SMS marketing … For several weeks now, at BigBoss, we have been trying to return to the levers that brands activate in their marketing strategy through our JDN columns.
There is a lever that we haven’t talked about and that is equally important: to influence marketing. More than 9 out of 10 brands use it in their communication strategy, according to a recent study by Reech, an agency specializing in impact campaigns, in partnership with ARPP (Authority for Professional Regulation of Advertising) and Union brands. And nearly 75% of them say they have already conducted at least one influencer campaign in the last two years.
So why so much success among brands? Because influencers bring value to the brands they work with. This is what 85% of respondents say. Therefore, there is a bond of trust between the influencer and his audience (which is not always the case between the brand and the audience). And communication on Instagram, a widely preferred social network for brands (TikTok begins a meteoric rise), allows it to reach an audience that is both broad and specific.
Live shopping, ideal for e-merchants
For its part, Influence4You, an influential marketing agency, has just unveiled “20 Influential Marketing Trends for 2022.” The agency withdraws the idea that this year will be marked by the professionalization of the sector, data development and technology. In this Top 20 there is also a phenomenon that justifies stopping at it: Live Shopping (live videos that mix the presentation of products or services with entertainment). Ideal for e-retailers (Carrefour, Fnac-Darty, Cdiscount or even Sephora already use this technique), “Live Shopping, along with influencers, is a very powerful feature to offer a new shopping experience and generate sales,” the agency said.
Faced with the need for e-commerce to invest in impact marketing, Influence4You has been offering a media coverage model since last December to run influencer posts on Instagram, Facebook, Snapchat and TikTok. This model was developed with Adsteroid, a player in performance social ads (we returned to the meeting of his two agencies during the Winter Edition of BigBoss last December). “Our clients often tell us that impact is a good strategy: they create content, engage, generate traffic,” said Stéphane Bouillet, founder of Influence4You. But they also wanted to have a real measure of effect. ”
So, on the one hand, Influence4You brings content, on the other hand, Adsteroid brings its targeting technology. “With this offer, we offer e-marketers the opportunity to conduct a classic influencer marketing campaign to generate an image and both mediate in their performance-based content by claiming the rights to this content from influencers,” summarizes Stéphane Bouillet. The CEO added: “With this offer, we are meeting the needs of our largest e-commerce customers who want to control their procurement costs and their image with a marketing impact.” What Stéphane Bouillet is trying to say here is that Influence4You and its partner take 100% of the risk of buying media, and the e-retailer benefits from additional sales (up to 10% more traffic) with a controlled purchase price.


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Yesterday I mentioned three things that weren't connected except they all ended recently. This morning Chicago Tribune columnist Phil Rosenthal has an op-ed about one of them:
HomeMade Pizza Co. was in the right business and exactly the wrong place.
We consumers indeed are buying more fresh prepared meals to eat at home or elsewhere, like the take-and-bake pizzas HomeMade hawked from 1997 until its abrupt closing Friday. These kinds of meals have become a $26 billion business in this country and are growing at a healthy clip.
But we're not buying most of those grab-and-go meals at stand-alone storefront operations, where costs for an operator like HomeMade, which had more than 20 outlets when it shut down, include the lease and utilities, and whatever it takes to let potential customers know that it's there and why it's worth a visit.
The fresh pre-prepared food business is proving a boon to food/drug stores, where almost three-quarters of these meals are being sold, according to NPD Group. Savvy supermarket operators are offering an expanding array of menu items, increasingly going beyond heat-and-serve home-style meals. Some have added restaurant-quality entrees, various cuisines and occasionally palate-challenging fare.
While you're chewing on that, here's another passing: the Cubs are ending their 90-year relationship with radio station WGN:
The team tomorrow will reportedly announce a new seven-year agreement with WBBM-AM/780 to air the team's games beginning in 2015, ending a run with WGN-AM/720 that dates back to 1924.
"The economic terms just don't make sense for us,” WGN Radio President Jimmy de Castro told media columnist Robert Feder. “So it's really not us saying we don't want them anymore. It's the Cubs saying that the economics they need are much greater than what we think they're worth or what we'll pay. They chose to go another way economically and made a decision to move on.”
Sic transit gloria etuli.


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» 12082013 Monday Kannada Tv9 Shows List With Timings
12082013 Monday Kannada Tv9 Shows List With Timings
12082013 Monday Kannada Tv9 Shows List With Timings on Technology News and Updates AdmaTechnology.com at Saturday, April 19, 2014
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iPad Mini-sized 7.9-inch marks Apple’s first breakthrough in the segment of a smaller tablet. Apple hopes its products is given at crushing the tablet market [...]
The use of female anime characters are cute.
On Monday (10/29), Microsoft Corp Chief Executive Steve Ballmer said that since its launch last week, the rate of sales of Windows 8 exceeds the rate of sales of Windows 7, which is the top-selling version [...]
Here are a few smartphones that fit when used by women. Here’s the short list.
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Quoted from Techradar, Friday (17/5), this means that the BlackBerry Messenger can not be used [...]


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Gerry Ritz leads delegation to China with aim to boost agriculture exports
OTTAWA - Agriculture Minister Gerry Ritz is hoping some face time with Chinese officials will help boost Canadian agriculture exports to that burgeoning market.
Ritz is to lead a delegation of more than 30 agricultural groups and officials from four provinces to China next week.
They'll be talking about expanding trade access and boosting Canadian agricultural products.
China accounted for more than $5.6 billion in Canadian agri-food and seafood exports in 2013.
Ritz says there's quite a bit more to do because that figure only represents five per cent of China's imports and he believes the number can be doubled or tripled.
For example, the minister hopes to soon see meat shipments expanded to allow bone-in products from animals under 30 months.
He will also be delivering a keynote address to delegates of the World Meat Congress in Beijing.
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When Donald trump came to power in the United States, he began to reform the economy. In particular, new laws and reforms intended to large us companies returned production to their home country.
Also in March of this year, trump signed a Memorandum of restrictions on trade and investment with China, which many have called the beginning of the economic war with China.
However, if you had any doubts about correctness of such language, but now they seem gone. Trump has decided to impose customs duties on some products imported from China. Moreover, these duties reach 25%, and the list of products includes more than 800 items worth over $ 50 billion. Duties will begin to charge from 6 July.
And all is good, Yes, but China did not hesitate to answer and has already announced the introduction of similar duties. And duties are exactly the same and for the same amount, except that the positions a bit smaller: 659.
And, apparently, this is not limited, as trump warned that if China responds to US move, the States will increase taxes. And China has already responded, so it is logical to wait for the promise. This means expanding the list of goods to a total sum of 100 billion dollars.
The tramp says that all of this is necessary in order to prevent the unfair transfer of American technologies and intellectual property to China.
All of this for you and can seem somewhat distant and not having to us any influence but that is not so. Even existing raising taxes enough to certain companies in the US and in China are faced with the need to increase the cost of the sanctions the goods. But if companies need to increase spending, they compensate for this by increasing the value of their products.
But the conflict is unlikely to end at this stage, given the promises trump. This means the escalation of a trade war that will lead to further rise in the number of products and extension of the list of these goods. Among other things, the experts are saying about the “Domino effect” when a conflict between two countries in one form or another will tighten and the other States that can cause substantial changes in the world economy as a whole. Of course, this is one of the most extreme scenarios, but, given the expressiveness of the trump and the rigidity of China, you can expect anything.


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At my age, pizza for breakfast is a rarity, but when it’s put together by a sleek robot, it’s impossible to pass up. On opening morning of the massive Consumer Electronics Show, I was able to do just that, chowing down on a surprisingly delicious slice made by Picnic, the automated pizza assembly device.
The device got an exceptional amount of coverage from tech blogs out there heralding the new pizza robot as the best thing since, well, human-made pizza. But this isn’t one of the weird prototype gizmos that are frequently the hot topic at CES; it’s maybe an ideal solution for big pizza franchisees.
Basically, the device is a few modular boxes that come together as an automated pizza assembly line that sits between dough preparation and the oven. Why not do it all? Well, CEO Clayton Wood said he had gotten used to that question, and they’ve tried it out, but most of their target market has other needs.
"Our market is new installations but also retrofit, and everyone in that market already has an oven," said Wood, pictured right.
That market also has intense labor pressures, and it’s especially pronounced in that key assembly spot.
"What happens is the people who are good are moving up, and a lot of times the person assembling the pizza is an entry-level worker. It’s hard for them to make a consistent pizza. If you can’t make a consistent pizza, you can’t keep up your brand standards," said Wood. "The training cycle is very short, it’s very simple to operate."
He said a normal restaurant making 250 pizzas a day can be run with one person who preps the dough, feeds it into the Picnic device and puts it in the oven at the end. The precision assembly being done by the device means that employee can keep preparing dough, re-stocking the bot, which happens every couple hours, or slicing, boxing and running the register. He said the key dinner hour is a sweet spot for Picnic.
"One of the primary advantages for a pizza operation is help managing a rush hour, that’s when they have to bring on additional staff, but nobody wants to work a two-hour shift so you have this shoulder shift. Or you prep it in advance, which degrades the pizza, or the customer waits, and that degrades the experience," said Wood.
When using the device, the biggest bottleneck is the oven. With the potential for 300 pizzas an hour, a concept would need a seriously large oven to keep up. The oven at CES was a 5-foot wide conveyor belt. Wood said it would take a three-level oven of that size to keep up.
Wood also said the device isn’t only for fast-paced pizza operations. Under the RAAS model, he said restaurants making as few as 100 pizzas a day would be able to afford the device.
Picnic will continue to test and tweak the modules through the year. Wood said the company should be ready to scale up by the end of 2020. After that, they’ll explore other food options like bowls, salads and sandwiches, "whatever needs to be assembled," said Wood.
Check out a video of the device in action below.


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One of the biggest challenges facing electric vehicles, particularly trucks, is the problem of lumping around heavy batteries.
But what if we could supply the power to the electric vehicle on the go, rather than storing the energy in batteries?
We’ve seen pantograph style on-the-go charging for trucks in Europe, but that technology has some drawbacks, particularly around having high voltage wires strung up above the carriageway.
And with wires seemingly on the way out in spaces such as smartphone charging, is wireless on-the-go charging for electric vehicles a viable option?
Volvo Group, and specifically their venture capital subsidiary, Volvo Group Venture Capital, believe wireless charging tech is a feasible option, and they’ve put their money where their mouth is.
Volvo Group has announced an investment in U.S. based Momentum Dynamics, a company developing high power wireless charging technology for electric vehicles.
They say their tech allows for more efficient use of battery capacity, longer driving ranges and more uptime.
“Momentum Dynamics’ technology and competence within inductive bi-directional transmission of electrical energy and information safely through air, water and ice will fit the harsh conditions under which our customers operate,” – Per Adamsson, vice president at Volvo Group Venture Capital.
“High capacity charging up to 300kW for trucks, buses, construction equipment, industrial and marine applications will support the electrified transition.”
Momentum Dynamics is conducting pilot programs in Europe and North America with fleets and vehicle manufacturers of cars, buses, trucks and trains.
We’ll let you know more on the inductive charging tech as further info comes to hand and stay up to date with the latest on electric vehicle tech here.
- Related: Volvo VNR to go electric from 2020
- Related: Volvo Trucks take another step to autonomous trucks
- Related: Volvo Trucks show their Truck of the Future
Stay up to date with the latest Volvo Trucks News at heavyvehicles.com.au.


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The retired boxer has acquired a "meaningful" stake in GToken, a Singapore-based mobile gaming company.
Elton John, Beck and Lady Gaga are among the famous faces promoting products at the tech trade show. Oh, and then there's Shaq on a Segway.
Shaquille O'Neal is not ashamed to be a geek and claims he pays "real money" for apps. He reveals that he can't wait for the iWatch and used to pester Steve Jobs for new products before they came out.
An interesting, if not bizarre, Twitter exchange between Shaquille O'Neal and Mark Cuban has led to speculation that Shaquille O'Neal wants to be traded to Dallas.


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Lenovo recently launched its Motorola Moto G51 in Europe with triple rear cameras and 120Hz display refresh rate specification. At the same time, a leaked report suggests that Motorola may launch the smartphone in India in December as the first Snapdragon 480+ phone in the country. However, the date is yet to be officially confirmed by the company. The Moto G51 packs a 5,000mAh battery with 4GB of RAM and 64GB of internal storage. Earlier on November 18, the smartphone was introduced with the Moto G31, Moto, G41, Moto G71 and Moto G200 handsets.
At the same time, according to a report by 91Mobiles, the Moto G51 5G is set to launch in India in December. With the launch, this handset will become the first Snapdragon 480+ chipset-processed smartphone in the country. In addition, the Snapdragon 480+ arrived in October as an upgraded version of the Snapdragon 480. The processor is powered by an octa-core Kryo 460 CPU with a maximum clock speed of 2.2GHz. Other specifications of the chipset include Adreno 619 GPU, Hexagon 686 processor, Snapdragon X51 5G Modem-RF system and FastConnect 6200 system.
The price of the Moto G51 in Europe is EUR 229.99 (approximately Rs 19,300). The handset is planned to be rolled out soon in select markets of India, Latin America and the East. Other Moto G-series phones, the Moto G31, Moto G71 and Moto G200, are also expected to launch in India later.
Moto G51 specifications
The Android 11-based Moto G51 sports a 6.8-inch full-HD+ (1,080×2,400 pixels) LCD display with 120Hz refresh rate and 20:9 aspect ratio. As mentioned, the handset packs the new Qualcomm Snapdragon 480+ SoC, coupled with 4GB of RAM. It has 64GB of internal storage and can be further expanded with the help of microSD card.
The Moto G51 sports a triple camera unit at the back that includes a 50-megapixel primary sensor, an 8-megapixel ultra-wide-angle lens, and a 2-megapixel macro lens. For selfies and videos, the phone packs a 16-megapixel sensor at the front. The Moto G51 packs a 5,000mAh battery with 10W charging.
Shocking! In this country, even forgetting the birthday of the wife by mistake, gets a jail sentence


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It's a tad later than we were hoping, but Nokia has finally revealed the price and official on-sale date for its Lumia 2520 Windows RT tablet.
The 10.1in tablet will set you back £400 and will be available next Wednesday, December 4, but initially you'll only be able to get one from John Lewis, which has nabbed exclusive rights to sell the Nokia slate in the run-up to Christmas.
“We're excited to announce the launch of the Nokia Lumia 2520 tablet exclusive to John Lewis,” the retailer's junior buyer for tablets and telecoms Harry Boughton opines in a press release.
“We have seen a continuing demand for tablets, selling one every 15 seconds, and we think the addition of this tablet to our range will appeal to customers looking to do more than surf the web.”
We're not quite sure what to make of that last remark, but we do know that at a penny shy of £400, the Lumia 2520 isn't exactly pocket-friendly.
It's £40 more expensive than its obvious rival, the 32GB Microsoft Surface 2, but then again it offers a superior 6.7MP camera and 4G LTE capability (the latter feature will come to the Surface 2 early next year, but will inevitably drive the price up).
Factor that in and the Lumia 2520 suddenly doesn't sound so expensive after all, or at least versus the Surface 2 – and John Lewis will be hoping the buying public agree is we get ready to kick off the Christmas spending rush.


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Regulation vs. Deregulation: Both are costing shippers billions
For shippers, the lack of pricing regulation in the various modes they’re dependent upon is causing an increasingly worrisome financial squeeze.
Transportation in the NewsU.S. West Coast ports warned about “complacency” Logisticians, carriers fret over U.S. economy’s future U.S.-bound shipments trend down in June, reports Panjiva U.S. rail carload and intermodal volumes dip for week ending July 6, says AAR A. Duie Pyle opens up Maine-based integrated logistics center More Transportation News
Transportation Resource5 Levels of Autonomous Dispatch and Routing Download this paper for an overview of Autonomous Dispatch and Routing, and learn how increasing levels of automation support and scale dispatching capabilities and create additional business opportunities.
All of the carriers I have had the chance to ask tell me that we don’t need more regulation. They’re indeed regulated by many state and federal agencies in almost all aspects of their operations.
But for shippers, the lack of pricing regulation in the various modes they’re dependent upon is causing an increasingly worrisome financial squeeze. In fact, shippers will need to pay particular attention to hidden cost increases being slipped into transactions, but not reflected in the rate.
First, for the carriers there’s a list of regulatory trends that are raising the cost of operations. As an example, California is looking to have truckers add glider kits and perhaps limit capacities to save on fuel through new trailer regulations. If California has such a new mandate, the rest of the country will likely have to follow.
The electronic logging device (ELD) requirements are here next month, and there’s the related equipment and training cost—but also the loss of some drivers who won’t or can’t comply. And keep in mind, the Hours of Service (HOS) standards are already making an impact on yard times and services and changing dispatch planning.
And it’s not just the highway folks that are feeling the impact. The is now demanding that funds be set aside for covering business failures among ocean consortia members.
At the same time, U.S. Homeland Security requirements for transportation workers (TWIC) is $125.25 per driver, and according to Sea Link, an ID service provider, over 5,000 of the active drivers in the Port of New York and New Jersey have a TWIC that will expire this year alone—and estimates are that the Port of Los Angeles has even more drivers due. In short, drivers will be suspended the day their TWIC expires if they don’t register their new TWIC with the port authority.
While carriers are getting hit on all sides with increased regulation, shippers are seeing pressure on prices where carriers can successfully increase them. And while this is all unfolding, we’re witnessing the consolidation of the less-than-truckload (LTL), parcel, rail and ocean carrier industries.
New transportation oligarchies are pushing annual and even semi-annual coordinated increases in excess of inflation, while it seems that the parcel carriers try to outdo each other to raise prices even as fuel costs fell last year. Carriers brag to stockholders about their increases in efficiency and productivity and then push for hyperinflation price increases.
Even where rates are still held down by modal competition, the carriers are taking steps to shift costs to the shipper. As previously reported in this column, the Uniform Bill of Lading now has language that the shipper—and no longer the carrier—has the burden of proof in a loss and damage claim.
Shippers will be discouraged from filing such claims due to the burden of proving where and when damage occurred in transit, while carriers are pressuring for extended pick-up and delivery hours so they don’t violate the HOS rules. In the meantime, shippers pick up the cost of overtime and yard tractor equipment to speed truckers on their way.
And all the while, the public, through governmental agencies, is spending billions on upgrading highways and airports and even deepening port channels with the resulting increases in fees and tolls.
To be fair, all parties are under cost pressure from their respective suppliers and stakeholders. That’s understood. However, the shipper is ultimately the one who pays this bill; and if lucky, passes part of the higher costs on to consumers.
With the consumer retail market under even more pressure from the likes of Amazon and Alibaba, transportation managers today and tomorrow will have to be well versed in all aspects of the business. Buyers of services need to start reading more and attending conferences to become painfully aware of the obvious —as well as the subtle—cost increases in logistics
About the AuthorPeter Moore Peter Moore is Adjunct Professor of Supply Chain at Georgia College EMBA Program, Program Faculty at the Center for Executive Education at the University of Tennessee, and Adjunct Professor at the University of South Carolina Beaufort. Peter writes from his home in Hilton Head Island, S.C., and can be reached at
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Apple pulled forward a significant amount of inventory, but it doesn't appear that this will have a major negative impact on the rest of the year.
Earnings for FY-20 might reach near $4.
A stock price near $70 is reasonable when compared with other sector valuations.
With Cirrus Logic (CRUS) blowing away the September analysis expectations for earnings of $1.55 vs. $0.95, a discussion about what drove the blowout is imperative. How much of the beat came because of Apple (AAPL) pulling forward inventory? How much was from new design wins? What might happen to iPhone sales in the December and March quarters? Understanding these impacts lifts the hood.
The December Quarter
Beginning with a comment from the conference from Jason Rhode, Cirrus' CEO, "[W]e feel good. Backlog is strong. The outlook looks good going forward." The December quarter isn't beginning weak. But it is also clear that Apple moved forward a significant amount of inventory. The amount of carry over inventory can be estimated by subtracting off the inventory value sold in September quarter versus the amount delivered through iPhone sales. Our estimate uses an average of $4.25 for Cirrus' ASP. Since Apple refuses to report the number of units sold, guesstimates are required. From a Bloomberg report, "The average selling price is expected to be $759.85, a year-over-year decline of 2.3%." Apple reported $33.5 billion in iPhone revenue divided by $760 equals 44 million units potentially sold.
Cirrus reported $310 million in revenue from Apple. In the past, we have estimated $30 million a quarter from tablets and Macs. This past quarter, Cirrus added an additional Apple product (believed to be an amplifier in Apple's new AirPods). With Cirrus' lowest amplifier valued at approximately $0.50, we estimate that the company delivered approximately $10 million worth of inventory for this new amplifier. The total non-iPhone revenue might have reached $40 million during September leaving $310 million minus $40 million or $270 million for iPhones or 63 million iPhone units delivered. If Apple sold 44-45 million units in the September quarter, Cirrus delivered an additional 18 million.
Cirrus guided $325-365 million for the December quarter. With Rhode remarking that the backlog is strong suggests at least at this point Cirrus expects revenue at the higher-end of guidance. At $360 million versus $390 million, Apple's revenue might be in the $270-290 million range. Subtracting $40 from the mid-point of $280 equals $240 million for phones or 55 million units. The total to be delivered or in inventory with Apple might be 73 million units. Last year, Apple sold 66-68 million iPhones in December. Unit sales for iPhones seem higher this year compared to last year. It appears to us that in the most conservative light, Apple will have less than 5 million units worth of inventory beginning in March than delivered. This is a modest $20 million inventory overhang.
We believe that unless market conditions significantly change, the probability for Apple to significantly cut inventory is remote. Cirrus hitting $360 million in the December quarter seems highly probable.
Comparing March FY20 versus March FY2019, several positive factors might significantly improve revenue YoY. First, it is rumored that Apple will be introducing a new upgraded lower cost phone. Second, the shareholder letter contained a comment concerning non-Apple business:
"Given our momentum and pace of innovation in boosted amplifiers, we anticipate revenue from this product line will increase on a year-over-year basis in the second half of FY20."
Third, Cirrus continues to add new design wins in haptics. Fourth, we believe that the new amplifier now shipping in the Apple AirPod is meaningful. Fifth, over the next 12 months, Cirrus will begin adding new content in tablets. Last March quarter, Cirrus reported $240 million. We expect this coming March to be above $250 million perhaps as high as $280 million.
Looking at March and December Quarters Together
With our expectation for $360 million for December and $260 million in March, the total revenue might reach $620 million, significantly higher than last year's $565 million. With margins guided in the 52%+ range, non-GAAP costs at less than $100 million a quarter, tax rates at 15%, and share counts approximately 59 million, earnings could reach $1.8 or more. With the first two quarters of the fiscal year generating $1.90, the total earnings for the year could reach $3.7. We might be significantly underestimating the March quarter with a new lower-cost iPhone and other design wins. It does appear that earnings for this coming year will be significantly higher than last fiscal year of approximately $2.70.
It appears that Cirrus is back on a path for both revenue and earnings growth. The improving costs, higher margins, and lower share count achieved during the last few years add to an expected significant earnings increase. It is clear that Apple did front load some inventory, but it doesn't seem excessive. At $3.7-4.0 earnings and an average industry price to earnings ratio of 17, a stock price in the high $60s to low $70s isn't unreasonable.
Owning Cirrus isn't for the faint of heart.
Disclosure: I am/we are long CRUS. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.


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Flights from Sarasota-Bradenton to Toronto will be looking a little different when Air Canada will switch its service to its new Air Canada Rouge brand.
The Canadian air carrier launched the lowercase flag July 1 to be a hip, trendier version of Air Canada, carrying about 140 passengers on its A319 in Sarasota-Bradenton.
The carrier will make the switch at Sarasota-Bradenton International airport this season, said Mark Stuckey, vice president of special projects and development at SRQ. Essentially, Rouge takes out the first class cabin to add 20 more seats to fit in more passengers. The cabins have new seats and interior, too.
The in-flight entertainment will be the most noticeable difference. Rouge is offering an in-flight streaming wireless entertainment system called player for $5 unlimited service per flight that can be accessed through a smartphone and tablet app. Forgot your iPad or don't have one? Rent one for $10. Premium members get additional services for free or at a discounted price.
Air Canada rouge winter/spring daily flights are between SRQ and Toronto for now. The airport is also in talks with Calgary-based carrier WestJet for flights to other Canadian cities including Montreal, Stuckey said.
Help with signing up for healthcare exchange
The Gulf Coast Association of Health Underwriters offers access to agents and brokers certified to sell on the health insurance exchange.
The licensed professionals are community members specially trained to assist individuals, families and small-business owners navigate the new marketplace.
Marketplace open enrollment began October 1 and ends March 15, 2014. Health insurance coverage purchased through the marketplace can have an activation date as early as January 1, 2013. Go to www.nahu.org and click on "Find an Agent" and enter your zip code for a list of experience, specially trained agent in your area.
For more information, call Suann Southwick, 941-704-7964 or email firstname.lastname@example.org.
Tourism conference brings in industry stars
Simon Bradley, vice president of marketing, North America for Virgin Atlantic, and Jonathan Frolich, vice president-global innovation for Hyatt Hotels Corporation, will speak to the Service Design + Tourism Conference to be held at Ringling College of Art and Design Nov. 7-9.
Bradley and Frolich will take the stage Nov. 9 from 8:30-9:30 a.m. to speak to the audience of design, business, and tourism professionals. Frolich's presentation, "Human Centered Innovation: Designing New Experiences in Hospitality," will look at how Hyatt is using design thinking as a framework for innovation and the transformation of guest experiences.
"Flying in the Face of Ordinary: How Virgin Atlantic Designs a World Class Service Experience that Sets the Standard for Excellence in Air Travel," will share how Virgin Atlantic creates exceptional passenger experiences and engages their customers year round and turns them into ambassadors for the brand.
Bradley has more than 15 years experience in international travel marketing for a range of organizations, including VisitBritain. His responsibilities for one of the most iconic airline brands in the world include brand development, brand communications, partnerships, online and CRM.
Frolich has worked for Hyatt Hotels Corporation for 19 years, serving in senior managerial positions at hotels that include Grand Hyatt Hong Kong, Park Hyatt Sydney and Park Hyatt Los Angeles. As vice president of global innovation, Frolich leads efforts to establish new processes of innovation to yield creative and meaningful experiences and ways of operating Hyatt hotels to greater impact guests, owners and colleagues.
-- Herald staff report


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Quantel unveiled a new Pablo Rio working in realtime at 8K, 60P at Inter BEE 2014 in Tokyo this week. The new Pablo Rio 8K, which was was developed in collaboration with Japan’s national broadcaster, NHK, will ship next year.
“In collaboration with NHK, we’ve been able to power up our software to take advantage of the latest professional hardware from NVIDIA and AJA to deliver another world first – working in real-time at 8K 60P,” said Quantel CEO and executive chairman Ray Cross.
Pablo Rio is a software-based color correction and finishing system that runs on high performance PC hardware. The new Pablo Rio 8K has three significant advantages over the systems shipping today.
Firstly, the system offers real-time 8K, 60P input and output via 16 3G-SDI interfaces using AJA Corvid 88 multichannel I/O boards to achieve the necessary number of connections. Secondly, it relies on NVIDIA’s new Tesla K80 GPU accelerators, announced earlier this week, to achieve the processing power necessary for 8K, 60P. And finally, the software has been optimized to sustain the 5 GBps throughput required for real-time recording, processing and playback of 8K data.
The system demonstrated at Inter BEE included four AJA Corvid 88 cards, three Tesla K80 GPU accelerators and three RAID 60 arrays offering 166 minutes of storage at 8K 60P (7680 x 4320, 422, 59.94 fps). 8K images were monitored in real-time on a virtual 8K display comprising four 4K monitors.
“Quantel always pushes our I/O cards to take advantage of their most advanced capabilities,” said Nick Rashby, president at AJA Video Systems. “The Corvid 88 packs a huge amount of I/O power onto a single card and in this application there are four of them.”
“8K workflows are becoming a reality, but they require enormous processing power, and it’s impressive to see how quickly Quantel has engineered Pablo Rio to take advantage of the new NVIDIA Tesla K80 – the flagship of our Tesla platform,” said Greg Estes, vice president of marketing at NVIDIA. “This is going to be an exciting new capability for the industry.”


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Mark Post is a vascular scientists at the University of Maastricht in Holland. His plan is to create a lab-grown hamburger, just to prove that it could be done.
It won’t come cheap though – not by any standards. Post estimates that it will cost some €250,000 to assemble the thin layers of muscle strips packed together with some lab-grown fat. The muscle strips will come from stem cells harvested leftovers picked up from slaughterhouses.
“The first one will be a proof of concept, just to show it’s possible”, Post declared. “I believe I can do this in the coming year”.
The stem cells will be left to grow in a ‘soup’ made of sugars, amino acids, lipids and minerals until they grow up to 2.5 cm long and 1 cm wide, and so thin that you can partially see through them. Due to their thinness, some 3000 will be required to assemble a full grown hamburger. But it won’t look like an average burger, because the meat will have no blood.
This process is made harder by the fact that lab-grown strips act just like real muscle – if they aren’t exercised, they will eventually waste away. In order to avoid this, Post plans to stretch them in a Petri dish to provide additional resistance due to their natural tendency to contract.
It might be very expensive, but then again, this could be the first step towards a new generation of hamburgers, Post believes.
“This first one will be grown in an academic lab, by highly trained academic staff,” Post said. “It’s hand-made and it’s time and labour-intensive, that’s why it’s so expensive to produce.”
Also, the taste isn’t spectacular either. A Russian reporter who had the pleasure of tasting the strips wasn’t impressed by the experience; but Post explains that the matter of taste hasn’t been taken into consideration just yet.
“That’s not a trivial thing and it needs to be worked on.”
Artificial meat research is still in its infancy, and even though it is currently believed that processed meat, such as sausages might be easier to create in a lab, researchers have hope for different types of meat; one of the early goals is to make processed meats healthier, with less saturated fats and more nutrients and polyunsaturated fats.
However, in the long run, the best improvements could be the reduction of energy consumption, and the sparring of animals. Hanna Tuomisto, a food researcher, conducted an extremely interesting study which concluded that growing some of our favorite foods in vitro would use 35 to 60 percent less energy, emit 80 to 95 percent less greenhouse gases and use around 98 percent less land than normal animal meat. Given the growth of the population of our planet, this might not only become useful, but also necessary.


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On Monday, China reportedly wants more trade talks before agreeing to “Phase 1” of the deal. Eunice Yoon has more for us from Beijing.
Seema Mody reports on how Caterpillar is greatly impacted by the U.S. – China trade war.
China wants another round of talks before signing what President Donald Trump called last week the first phase of a trade deal between the two nations, a source told CNBC’s Kayla Tausche on Monday.
Treasury Secretary Steven Mnuchin tells CNBC he expects the mid-December round of tariffs on Chinese goods to take effect if no deal is in place between the two economic superpowers.
Chinese state media warned the U.S. over the weekend to “avoid backpedaling” on the partial trade agreement, and expressed caution about the initial phase of the deal which President Donald Trump called “very substantial.”
Josh Lipton reports on how semiconductors stocks are rallying lately on Wall Street and is heavily impacted with the trade talks with China.
On Friday, the U.S. and China reached a partial accord on trade and said tariff increases will not go into effect this week. Kayla Tausche has more for us from the White House.
Bob Pisani is at the New York Stock Exchange for us and gives us a recap on how stocks rallied on Friday.
The U.S. has come to a “very substantial phase one deal” with China in the high-stakes trade negotiations between the two economic superpowers, President Donald Trump said Friday.
On Thursday, Wall Street was keeping a close eye on the trade talks in Washington. Bob Pisani has more for us at the New York Stock Exchange.
President Trump will be meeting with China’s chief trade negotiator in the latest trade talks between the two biggest economies in the world. Kayla Tausche has more for us from Washington.
President Donald Trump said he’s meeting with Chinese Vice Premier Liu He on Friday, fueling optimism about a positive outcome from this week’s high-level trade talks.
China’s top negotiator and Vice Premier Liu He said the country carries “great sincerity” for the high-level trade talks this week.
Talks between the U.S. and China resume on Thursday with the stakes are high and the relationship complicated. Kayla Tausche has more for us from Washington.
China has lowered its expectations for progress on trade talks this week after the White House blacklisted a slew of Chinese tech companies over human rights violations, Reuters reported.


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Apple, today at its ‘Spring Loaded’ event, unveiled a new purple color for the iPhone 12 series. The new purple iPhone 12 mini and iPhone 12 come with a theme-matching purple-colored wallpaper, which you can download right here.
Aside from the new color, there’s nothing new about the purple iPhone 12. It is backed by the same internals, the same A14 Bionic chip, the same display, and cameras — everything is the same, except for the new color. With this addition, iPhone 12 series will be available in six colors, namely: Black, White, (Product)Red, Purple, Green, and Blue.
Apple did not announce any new colors for the higher-end iPhone 12 Pro and the iPhone 12 Pro Max. In case you’re not planning to buy the new colored iPhone, you can download the new purple wallpaper to use with your current iPhone or any other device.
What were your favorite announcements from the ‘Spring Loaded’ event? Let us know in the comments section below!


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High Roaming Charges
How many people turn off their mobile devices when travelling abroad to save on the high roaming charges? I know of someone who actually ended up with a bill for £900 after using his iPhone whilst abroad and continuing to download the same data etc that he downloaded at home – his comment was “never again”. Once, on a trip to the USA, I purchased a US SIM card to use to call the UK as it was cheaper than using my UK one.
The European Commission carried out a survey of 28,000 people from across the European Union and along with other data showed that 47% of the people surveyed refused to use their mobile devices whilst travelling abroad. It was discovered that up to 37% of British residents turn off their mobile devices when outside of the UK.
As a result Neelie Knoes, European Commission Vice President stated “it shows we have to finish the job and eliminate roaming charges”. As a result these high charges end up with no winners and the mobile companies losing out on revenue and businesses losing out on business and profits. More particularly these charges are having a damaging effect on UK businesses that operate outside of the UK and whose personnel frequently travel abroad.
Since February 2013 the EU has been in discussions with the mobile network providers to force them to cut roaming charges with the EU.
There may be some light at the end of this tunnel as the EU has announced that it is hoped that roaming charges will be reduced or dropped by October of this year.
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A youth economic inclusion programme supported by Coca-Cola Kwanza (CCK) has proven so popular and successful that the company has opened a second round for young food vendors to sign up for support and training.
The second season of the initiative, called “Chipsika Kiajira na Coke”, will be launched on 29 July in partnership with the Institute of Social Work and ORYX Gas Tanzania.
Coca-Cola Kwanza, a subsidiary of Coca-Cola Beverages Africa, aims to support approximately 1,100 young individuals across its value chain this year, with a focus on those residing in Dar es Salaam.
The second round in July will accommodate 510 young food vendors between the ages of 18 and 35, following the opening round in May, when 400 took part.
The programme offers comprehensive assistance to the young vendors, providing them with all the essential tools they need to thrive in their trade. This includes a gas stove, gas cylinder, food cabinet, cooler, kitchen clothes and customer benches. The programme also provides training and mentorship to enhance the young entrepreneurs’ skills and business acumen.
It focuses on youth who serve the popular fried potato chips.
Prospective participants can apply for the programme before XX July through a link that will be provided on Coca-Cola Kwanza’s social media platforms, or they can visit the factory to collect an application form.
“As a subsidiary of Coca-Cola Beverages Africa, Coca-Cola Kwanza takes pride in our vision to refresh Africa and make the continent a better place for all. We are a proud industry leader in developing increasingly sustainable ways to manufacture, distribute and sell our products,” said Salum Nassor, CCK Public Affairs, Communication and Sustainability Director. <<title>>.
“This is why we have made economic inclusion a priority for our business.
“We define economic inclusion as creating gainful economic opportunities to under-served communities, including women, youth and people with disabilities, by providing them with access to markets that boost income and yield sustainable earnings, in our own business and the industry.
“We seek to embed economic inclusion across our value chain and make it part of how we do business the right way,” said Nassor.
We understand that our business can only thrive when the communities we serve thrive too. Investing in communities ensures our business sustainability. Most of all, we are all Africans and are part of our communities.
“The “Chipsika Kiajira na Coke” initiative is an example of how Coca-Cola Kwanza promotes economic inclusion of youth by supporting young entrepreneurs to develop and grow their businesses,” said Nassor.


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Bank Opens Cryptocurrency Exchange In Turkey
You can even lookup the exchange rate for a transaction in the past. Can you make money off binary options calculate the value of your current holdings. Or create a paper wallet.
And much more. The post Cryptocurrency Exchange Exmo Opens Branch in Turkey appeared first on Bitcoin News.
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- Why is Crypto Business Rushing to Turkey? - Cryptocurrency
Digital asset exchange Exmo, a leading crypto trading platform in Eastern Europe, has recently registered a subsidiary in Turkey. The company is setting up an office in Istanbul, the financial capital of the country situated on the Bosphorus. Also read: Lithuania Central Bank’s Policy Update Opens the Door for Crypto Payments Traders Offered Pairs With [ ]. Digital asset exchange Exmo, a leading crypto trading platform in Eastern Europe, has recently registered a subsidiary in Turkey.
The company is setting up an office in Istanbul, the financial capital of the country situated on the Bosphorus. Also read: Lithuania Central Bank’s Policy Update Opens the Door for Crypto Payments. · Turkey has been facing economic challenges with the sovereign currency declining rapidly in During these tumultuous times, cryptocurrency remains the only viable way to move money out from the effect of inflation.
The Eleventh Development Plan in Turkey has proposed the formation of Blockchain-based central bank money. We are also finishing up some formal procedures relating our bank account in the Turkish bank – so, Bank Transfer payment method will be available soon. Founded in and based in London, Kiev, Barcelona, Moscow, and Istanbul, EXMO is #1 exchange in Eastern Europe, and one of the world’s largest global exchanges in volume and liquidity. Now exchange operations are not limited by licenses for cryptocurrency, the standard taxation regime is applied to them, and the process of their legalization is “launched” at the level of the Government and the Central Bank.
Local exchangers work directly with crypto-funds, and Turkey remains a promising jurisdiction for the digital business.
BTCTurk. Founded inBTCTurk is the largest exchange based in Turkey by volume. BTCTurk is mostly a fiat on-ramp, meaning that they primarily cater to users who want to turn their lira into Bitcoin, rather than those that are looking to trade a wide range of digital assets. Until Huobi's planned opening in the Turkish market comes to fruition, BTCTurk is the only fiat-to-crypto platform. Although Turkish lawmakers are considering the creation of a national cryptocurrency, local exchanges may face more hurdles if politicians start to fear the rise of bitcoin.
· “Turkey’s political situation and volatile exchange rate has led Turkish people to become the leading adopters of cryptocurrencies, because crypto enables easy access to wealth, borderless. · Cryptocurrency has been recently adopted in Turkey and represents a legal method of payment under a strict control of the National Bank of yzms.xn----8sbelb9aup5ak9a.xn--p1ai businessmen willing to open a cryptocurrency company in Turkey do not need to consider particular conditions, except the ones imposed for setting up any kind of company in the yzms.xn----8sbelb9aup5ak9a.xn--p1ai complete assistance when registering a cryptocurrency.
· Markets in Turkey, along with the United States, China, Russia, and Vietnam had the most exchange amounts (BD Center Report, ). The interest was so considerable that Ethereum founder Vitalik Buterin once asked in his Twitter account why he got so many mentions in Turkish.
In the retweets, one could see Turkish interest in cryptocurrencies. Turkey has also announced its plans of launching its national cryptocurrency, the crypto lira, or digital lira this year. After 2 years from the announcement, it was suggested that in Turkey might be ready to issue its CBDC. EXMO Cryptocurrency Exchange Has Officially Launched Subsidiary in Turkey EXMO Сryptocurrency Exchange opens a representative office in Istanbul (Turkey) as a part of the launch on the Turkish market.
The news that the Central Bank of Turkey will develop a blockchain-based currency comes days after Turkey’s President, Recep Tayyip Erdogan, fired its governor, Murat Cetinkaya. According to the Financial Times, earlier this week Erdogan ordered the Central Bank to. · Malta-based crypto asset exchange Binance recently revealed that its fiat on-ramp for the Turkish Lira has officially launched.
Binance has teamed up with Akbank, one of the largest banks. At the moment, the number of cryptocurrency companies is not that high in Turkey which is what makes the country very attractive for those who want to start this type of financial venture here.
It should be noted that the sale and purchase of cryptocurrency here can only be completed through bank transfers which must be supervised by the. An economic road map unveiled by the government of Turkey this week includes several items related to blockchain, including a bid to create a central bank digital currency based on the technology.
· Bangkok Bank halted transactions involving the trading of cryptocurrencies with a private Thai company, Thai Digital Asset Exchange (TDAX), on Febru.
Cryptocurrency exchange Kraken obtains approval to launch ...
On Febru, Krungthai Bank, a state-owned financial institution, halted transactions related to cryptocurrencies with TDAX through the bank’s accounts. Aside from the aforementioned announcements from Huobi and Electroneum, Turkey's largest privately owned investment bank, Aktif Bank, launched its own cryptocurrency exchange in February, named Bitmatrix.
In terms of blockchain startups. · Turkey was inspired by the news that other nations such as China, Sweden, Eastern Carribean, Ukraine, and the Bahamas are also experimenting with the technology.
Early this year.
Asking people in Istanbul about Bitcoin ....
Statistica carried out a Global Consumer Survey and found out that almost 20% of Turkish people invest in cryptocurrency. And it’s possible to set up these accounts with a Power of Attorney to the cryptocurrency exchange.
Best US Banks for Cryptocurrency such as Bitcoin
This is a new concept in crypto, but something we’ve been doing for years for investment advisory firms. Each customer opens an international bank account and gives a Power of Attorney to the cryptocurrency exchange.
· Incoming European Central Bank President Is Open to Cryptocurrencies Sep 6,by Bitcoin Magazine by in Bitcoin 3 0 Christine Lagarde, who has been nominated by European governments to replace sitting European Central Bank President Mario Draghi, appears kinder to the burgeoning cryptocurrency industry than her predecessor.
DBS, the largest bank in Singapore is now officially going to start offering cryptocurrency trading services to investors through its cryptocurrency exchange.
In an announcement published today on the 10th of December, the bank said that it is officially launching its digital assets exchange. As per the announcement, the trading is expected to begin as. · This clarification from the OCC may open the doors for larger financial institutions to be more comfortable providing traditional bank accounts to cryptocurrency companies, as well as actually.
· Southeast Asia's Largest Bank DBS Launches Full-Service Bitcoin Exchange DBS, the largest bank in Southeast Asia, has officially announced the launch of several crypto services, including a crypto exchange. DBS’ crypto trading platform supports four fiat currencies and four cryptocurrencies, including bitcoin.
Bank Opens Cryptocurrency Exchange In Turkey - Central Bank Issues Warning Against Cryptocurrency Trading ...
DBS Launches Bitcoin Services. yzms.xn----8sbelb9aup5ak9a.xn--p1ai, a Bitcoin wallet and exchange services provider, has enabled fiat gateway for Turkish lira on its platform. Announced on Wednesday, this will enable Turkish traders to deposit and withdraw the fiat directly from the yzms.xn----8sbelb9aup5ak9a.xn--p1ai exchange platform, which is facilitating trading options with the fiat against three digital currencies – Bitcoin, Ether, and Tether.
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· Bitcoin is one of the first cryptocurrencies to gain traction. It attracted a first major wave of investment frenzy back ina few years after the currency’s invention. In late the cryptocurrency market experienced a massive run-up in price, with bitcoin leaping towards an all-time high of US$19, in December that year. Cryptocurrency users must, however, open an account with an exchange in order to make trades. They must also store the cryptocurrency in a cryptocurrency wallet or bank account.
Volumes Surge on Turkey's Crypto Exchanges as Lira Tanks ...
The location of the bank account or wallet will determine the laws to which it will be subjected. · Turkish authorities are considering creating a state backed digital currency which will be backed by the state's sovereign wealth fund.
Venezuela has already paved the path for nations by launching their own cryptocurrency and it seems obvious that other countries will be following their footsteps.
Venezuela’s petro cryptocurrency which is backed by the country’s vast oil assets netted. · Kraken has won approval for the creation of a new US bank, bringing the traditional financial industry and cryptocurrency market closer.
2 days ago · The bank revealed its plans to create a cryptocurrency exchange platform early last year. Founded inBelarusbank merged with Sberbank of Belarus in. · The bank is partnered with cryptocurrency exchange Coinbase, which enables the bank’s customers to easily buy and sell crypto right with their Ally Bank credit or debit card.
It’s also important to note that although Ally Bank is headquartered in the US, it does not have any formal offices there and operates in a completely digital manner. Now on the KickEX exchange you can buy cryptocurrencies (BTC, ETH, USDT, BCH) for dollars, euros, rubles and other fiat currencies without resorting to other exchangers, without triple commissions and unreliable intermediaries!.
The long-awaited ability to exchange fiat for crypto using bank cards is now available on the exchange! We know how long the community has been waiting for this.
· Home News Exchanges Huobi Intends to Open Fiat Gateway with Lira-Tether in Turkey Ankit Singhania The cryptocurrency space has come a long way over the past five years, and one of the more important members of a growing ecosystem has been the global crypto exchange. Several phone calls later, the banker stated that opening a personal account that interacts with a cryptocurrency exchange would mark the account as high risk and would be at a “substantial” risk of being closed.
Any business remotely involving cryptocurrency is strictly prohibited based on the bank. · Banks primary businessmodel is not payment systems or currency but savings and loans. Keeping valuables safe is not actually what banks do, it’s lending money.
When it comes to your money small print says they can loan most of it out at interest g. You see when it comes to opening an international bank account, one of the most important considerations is your client profile. Understanding your profile can make the difference in successfully opening an account.
How to Bank account in Turkey - Turkey me Bank account open karen -
You already know the challenges of opening accounts as a cryptocurrency investor or entrepreneur. On the contrary, one of the pioneer commercial Bank of Turkey has a cooperation with a cryptocurrency and it has been known that the transmissions have been actively done. Also as a natural result of lack of the cryptocurrencies definition in a jurisdiction in Turkey, there are no Anti Money Laundering (AML) requirements mentioned in any.
Cryptocurrency Exchange Exmo Opens Branch in Turkey - The ...
Open in app. Become a member. Sign in. Responses. You can now buy cryptocurrency on KickEX with bank cards. Now on the KickEX exchange, you can buy cryptocurrencies.
Turkey seems to be on a tear when it comes to cryptocurrency.
And Binance is leading the pack at bringing more fiat on-ramps. Now, in a match made in heaven, the largest cryptocurrency exchange and Turkey’s biggest bank Akbank have teamed up.
Exchange Perfect Money into Bank Transfer Globally. Perfect Money isn’t exactly a cryptocurrency; it’s just a way to make cross border payments in a secure and tax free way. But, they work in the same way as cryptocurrencies and you need to convert them before you.
Cryptocurrency Exchanges Explained. Cryptocurrency exchanges are online platforms where you can exchange one cryptocurrency for another cryptocurrency (or for fiat currency). In other words, depending on the exchange, it is either like a stock exchange or a currency exchange (at the airport or bank).
· The country has the cryptocurrency in cooperation with the Parsian Bank, the Bank Pasargad, Bank Melli Iran, and Bank Mellat. An over-the-counter (OTC) cryptocurrency exchange called Iran Fara Bourse is also expected to adopt the cryptocurrency, and will be used to tokenize Iranian financial institutions’ assets and properties.
· Virtual currency is the elec t ronicization of illicit currency, and its original issuer is not the central bank. For example, game coins, Q coins, coupons, etc., such virtual currency is mainly limited to circulation in a specific virtual environment.
3. Digital currency. Digital currencies include digital coins and cryptocurrencies (bitcoin. Russia’s love affair with cryptocurrency is being consummated in Switzerland. Sberbank, the largest bank in Russia, is planning to use Swiss arm Sberbank Switzerland AG to open a formal exchange for trading cryptocurrency.
Despite having no cryptocurrency legislation at present, Russia’s regulatory environment is so far extremely yzms.xn----8sbelb9aup5ak9a.xn--p1ai is a proposed framework in place for how. · Japanese financial giant SBI Group and Switzerland’s principal stock exchange, SIX Swiss Exchange, will team up for a new cryptocurrency-related platform to establish institutional connections between Europe and Asia.
The New Platform Will Launch In Singapore As per an official announcement, the digital asset-related arms of both companies – SIX Digital Exchange (SDX) and.
Many of our global cryptocurrency Clients engage Healy Consultants Group PLC due to the difficulty of the Bitcoin corporate bank account opening yzms.xn----8sbelb9aup5ak9a.xn--p1aig an international corporate banking account is a time-consuming task, our team will shelter our Client from the administrative challenges and can supply our Clients a corporate bank account number within 6 weeks without travel to meet.


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Mondelez International’s longtime chief marketing executive is leaving the snack-maker after 28 years with the company.
Mary Beth West, executive vice president and chief category and marketing officer, will leave “after a transition to pursue other interests,” Deerfield-based Mondelez said in a statement.
Her position will not be filled, spokesman Mike Mitchell said.
Mondelez also announced the creation of a new position, Chief Growth Officer, that will oversee the teams responsible for corporate strategy, global categories, global marketing, global sales, and research, development and quality –- several of which had formerly fallen under West.
Mark Clouse, 46, an 18-year veteran with the company who most recently served as president of its North American business, was named to the new role.
"The creation of the Chief Growth Officer role ensures that growth remains at the forefront of our company strategy," said Chairman and CEO Irene Rosenfeld. "It will bring the same focus and discipline to driving sustained, profitable growth that we have brought to improving our cost structure and expanding margins.”
West, who joined General Foods in 1986 as associate product manager for Maxwell House, has held a number of roles over the years as General Foods merged with Kraft and then Kraft split into two companies — Kraft Foods Group for its grocery operations and Mondelez for its snacks.
West served as chief marketing officer at Kraft Foods Inc. before the 2012 spin-off, and then filled the same role at Mondelez.
Mondelez, which reported 2013 revenues of $35 billion, in May laid out its first major restructuring plan as a standalone company. At the time Rosenfeld told the Tribune that “there's no question that there will be likely fewer roles in our organization in the future.”
In announcing West’s departure, Rosenfeld said in a statement: "With these changes to our organizational structure, one of my dearest colleagues has decided that it's the right time to begin the next chapter of her career. I've worked with Mary Beth since the 1980s at General Foods. Her deep commitment to developing people, unwavering passion for our brands and pursuit of breakthrough marketing have been her hallmarks for over 25 years and will be her legacy for many years to come."
West, 51, serves on the board of directors for J.C. Penney Co. and is a member of the Executive Leadership Council, an organization for the development of global black leaders, according to her Mondelez biography.


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A woman went viral on TikTok after claiming that an Amazon delivery driver struck her home and then drove off.
Kate (@katiebby98) began filming her video as the Amazon truck left her driveway. “Amazon driver hits my house and drives off …,” she wrote in the text overlay.
In the video, viewers can hear Kate cursing in disbelief as she zoomed in on the truck’s license plate. “Oh yes, he f*cking did. Are you kidding me… He just hit the f*cking house, dude,” Kate said.
The video then cut to her standing outside with her phone’s camera pointed at the damaged staircase. Indeed, the driver had backed into a brick entryway and damaged a significant chunk of the exterior.
“Through the brick. Dented the garage. Got my packages, though,” Kate said, pointing at two perfectly stacked items by her door. “I cannot believe that just happened.”
The Daily Dot has reached out to Kate via TikTok direct message and to Amazon by email for comment. As of Monday evening, Kate’s video had over 258,800 views, but she turned off comments under her post.
In a follow-up video, however, Kate said that she is working with Amazon to cover expenses for the repairs. “[The driver] was super nice; very appreciative to how I reacted to the situation,” she said. “I don’t know the kind of day that this driver was having and I am empathetic to him. Granted, he hit the house. But he sounded very upset when he was on the phone.”
Amazon delivery drivers typically make 170 to 190 deliveries per shift. For many drivers, anything less is considered child’s play. For example, a driver posted a TikTok during Amazon Prime Week about how overwhelming 100 deliveries was, eliciting comments from other drivers who pointed out that 100 deliveries is for new employees, while more seasoned drivers are expected to do closer to 200 stops per day.
Amazon drivers also face a number of hardships while working. One was stranded in a field for hours until a friendly farmer gave him a tow. Another had a portion of his pinky bitten off by a customer’s dog while making a delivery. Some have even reported that they’ve had to make “improvised bathrooms” in their trucks due to time constraints.
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*First Published: Sep 11, 2023, 9:25 pm CDT
Parks Kugle is a writer and reporter based in San Antonio. His work has appeared in Lumina Literary Journal, Wicked Local Newspapers, and various publications across the U.S. He enjoys comics and gardening.


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Downtown residents sick of Circle K now have a more local option for a convenience store.
“Urban Bodega” or “URBO,” opened its doors in January, and brings both convenience and sweet eats to the downtown community.
Located in the bottom floor of the Alta Fillmore apartments on Fillmore Street and Seventh Avenue, URBO doubles as a convenience store and coffee shop and is open to both residents and the public.
Shawn Connelly, the owner of DeSoto Central Market, partnered with Allison DeVane, founder of Teaspressa to bring the mini-market to life.
Connelly saw that the area needed a quick and convenient mini-mart, but wanted to go beyond the limits of a generic convenience store, thus the Urban Bodega was born.
URBO provides staples such as eggs and toilet paper while also offering refreshments like waffles, tea and coffee. Patrons can soon expect beer and wine to be added to the menu, once the location acquires its liquor license.
Trendy patio seating is available when the nights begin to cool off and guests wish to take their gatherings outside. A clever to-go patio window assures that orders will never go unnoticed.
Though Alta Fillmore is only at about 50 percent capacity, Connelly says that as the community grows, URBO plans to grow with it.
“Once the area picks up a little bit, we’ll feature some grab and go stuff. We’ll make some sandwiches fresh over at DeSoto every day and bring them over to URBO,” Connelly said.
Offering more than just convenience, the shop will soon feature eats from DeSoto Central Market, as opposed to typical pre-packaged food.
“It’s not just coming out of a factory, we’ll be hand making it,” Connelly said.
URBO plans to make both brand name and local products available to customers, in an effort to support local farmers and businesses.
Aside from commerce and convenience, the spot can act as a place for local residents to at a true community market.
URBO employee, Xavie Dunk, recently moved from Atlanta and said working at URBO has helped him find his footing in his new city and make friendly connections with Phoenix locals.
“Being new to city, I’ve met a lot of people and it’s always fun meeting people,” Dunk said. “Especially in environments that are interesting like this.”
Christian Weber, part of the management team at Alta Fillmore, said residents enjoy having such a convenient place to shop when they need something small, or a place to go when they want to grab a bite with friends.
“They love it, it’s been a huge hit,” Weber said.
Connelly hopes both residents and the community enjoy the benefits that URBO brings.
“It’s all about convenience for the residents at Alta, but to the surrounding neighborhood as well,” Connelly said.
URBO is opened Monday-Friday from 7:30 a.m.-7 p.m., and weekends 8 a.m.-8 p.m.
Contact the reporter firstname.lastname@example.org.


text: Swoopy 1955 D-type JAGUAR Tops All Comers with $5M Total in Fabulous RM Auctions Paris Gala Tom Burkart February 12, 2014 CAR SHOPPING, Car Travel, CLASSICS, Convertibles, Fun Car Gifs, Hall of Fame, LATEST NEWS, Racing, Sports Cars Both my gorgeous French Racing Blue favorites could not approach the total earned by this BRG stunner from Jaguar the other week in Paris.RM Auctions delivered a possible world-record Jaguar total with the sale of this flawless 1955 D-type for just over $5 million on February 5th, 2014. Stay tuned for more details in the next few minutes via an upcoming article. But wanted to highlight the exceptional nature of this D-type Jaguar. Well bought and well sold — a rare combination. Photos courtesy of RM Auctions. Thankyou!


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XPO Logistics : "I think XPO is a great company and will be worth even more after the spinoff," Jim Cramer told a caller during the "Lightning Round" segment of Mad Money Tuesday. The On-Balance-Volume (OBV) line has been in an uptrend with only small temporary dips. A rising OBV line tells us that buyers of XPO have been more aggressive.
GREENWICH, Conn., June 22, 2021 (GLOBE NEWSWIRE) -- XPO Logistics, a leading global provider of transportation and logistics solutions, has been awarded a multiyear contract by Electrolux Logistics SAS to manage its logistics operations in France. The agreement marks the start of Electrolux’s outsourcing strategy for distribution to its trade customers in France, after previously managing these channels in-house from its distribution center in Marly-la-Ville (Val-d’Oise). XPO is managing the log


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Amazon-owned Movie and TV review site, IMDb is launching its own free-to-view streaming video channel.
Freedive will be available in the United States across laptop or personal computer and Amazon Fire TV devices.
The advertising-supported channel won’t be showing the latest content. A statement from IMDB mentions series Fringe, Heroes, The Bachelor and Without a Trace as well as movie titlesAwakenings, Foxcatcher, Memento, Monster, Run Lola Run, The Illusionist and The Last Samurai.
“Customers already rely on IMDb to discover movies and TV shows and decide what to watch,” said Col Needham, Founder and CEO of IMDb. “With the launch of IMDb Freedive, they can now also watch full-length movies and TV shows on IMDb and all Amazon Fire TV devices for free. We will continue to enhance IMDb Freedive based on customer feedback and will soon make it available more widely, including on IMDb’s leading mobile apps.”
Freedive will take advantage of X-Ray, the Amazon video feature, which allows users to call up actor bios and background information from IMDb directly onscreen.


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INDEXPO 2023 STM PLASTIC, Madurai, India –
S&T Plastic Machines, a renowned manufacturer of plastic machines, recently participated in the prestigious Indexpo 2023 event in Madurai, India.
The trade show, dedicated to the industrial sector, provided a platform for S&T Plastic Machines to showcase its latest innovations and connect with industry professionals. The overwhelmingly positive response from the audience reaffirms the company’s position as a leader in the plastic machinery domain.
Showcased Best Injection Molding Machines in Madurai
At Indexpo 2023 Madurai, STM Plastic Machines proudly presented its diverse range of high-quality plastic machines, including injection molding machines. With a commitment to excellence in engineering and design, the showcased machines received widespread acclaim for their precision, efficiency, and innovation
Visitors and industry experts were impressed by the capabilities and features of S&T Plastic Machines’ products. The company’s injection molding machines demonstrated exceptional precision in transforming raw materials into high-quality plastic products. The blow molding machines, catering to a wide range of applications, captured the attention of attendees looking for reliable solutions. Meanwhile, the versatility of the extrusion machines was lauded for meeting various industrial needs.
INDEXPO 2023 STM Plastic receives valuable busines connects
Beyond showcasing products, S&T Plastic Machines seized the opportunity to engage with fellow professionals, potential customers, and partners. The networking activities allowed the company to establish valuable connections within the industry. The insights gained from interacting with industry peers will undoubtedly fuel S&T Plastic Machines’ drive for continuous improvement and innovation.
Commitment to Advancement
The resounding success and positive response at Indexpo 2023 Madurai further motivate S&T Plastic Machines to advance its cutting-edge technology. The company remains dedicated to delivering plastic machines that redefine industry standards and cater to the evolving needs of the industrial sector.
STM Plastic – Leader in Injection moulding machine manufacturer, look forward a promising Market
S&T Plastic Machines expresses gratitude for the enthusiastic response from visitors and stakeholders at Indexpo 2023 Madurai. The company looks forward to participating in future Indexpo events and other industry showcases, aiming to continue empowering businesses with its top-of-the-line plastic machinery solutions.
About S&T Plastic Machines
S&T Plastic Machines is a leading manufacturer of plastic machines, providing high-quality solutions to the industrial sector. With a commitment to innovation, precision, and customer satisfaction, the company continues to be a trusted partner for businesses seeking reliable plastic machinery.
For more information about S&T Plastic Machines and its range of products and services, please visit our product range now
About INDEXPO 2023
Indexpo 2023 Madurai is a trade show for the industrial sector, organized by the Madurai District Tiny & Small Scale Industries Association (MADITSSIA). It will be held from July 21-24, 2023, at the IDA Scudder Auditorium Trade Centre Velammal, Medical College Campus, Madurai, India.
Indexpo 2023 madurai venue:
The show will showcase a wide range of products and services from the industrial sector, including machine tools, automation, welding, metalworking, plastics, and more. The event is expected to attract over 200 exhibitors and 30,000 visitors.
Some of the highlights of Indexpo 2023 Madurai include:
- A wide range of products and services from the industrial sector
- Over 200 exhibitors and 30,000 visitors
- Networking opportunities with industry professionals
- A chance to learn about new products and services


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Raul Elizalde, director of the marketer of cannabis products Hemp Meds, assured that the official scope issued by the Ministry of Economy does not apply to the products of any of the companies of the recently created Chamber of the Cannabis Industry in Mexico. Therefore, all your products can be imported.
This was said during the presentation of the Chamber, which was created in order to guarantee the free entry of these articles to the country. Let us remember that last week the Ministry of Economy asked COFEPRIS to stop the importation of these products.
Apparently, the tariff fractions that would prohibit the entry of products derived from cannabis, do not mention hemp or cannabidiol, the main compounds used, according to Elizalde.
Janko Ruiz de Chávez, from CBD Life; César Vargas, from Farmacias Magistrales; and Jorge Treviño, from Be Hemp.
They assured that the first products will be available at the end of December.
Mexico, the potential of marijuana
Among other things, they pointed out that Mexico will be one of the main suppliers of cannabidiol to the world. This because the climatic conditions favor the country.
For example, while in Canada, whose value is eight billion dollars, it can only be harvested once a year, in Mexico it is possible up to three times.
"If Canada is one of the main suppliers and the largest in America, we could triple its harvest, which would put us in an international position as the main supplier of hemp in the world," Treviño explained.


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Deccan Chronicle, the Hyderabad-based English daily, which is slated for launch in Chennai anytime now, has offered annual subscriptions at Rs 99 for ICICI bank's card holders in the city.
A help-line number has been announced through outdoor advertising for consumers to avail of the subscription offer. Through the offer, the bank's credit and debit cardholders can place an order for the subscription telephonically by giving their card numbers. They were informed on placing the order that copies of the daily would start reaching them in 21 days. The offer is said to be open till March 31.
The daily's introductory offer has raised questions about its ABC certification for this year for its Chennai edition. Deccan Chronicle had announced earlier that it would price the paper at Rs.1/-. At Rs 99 annually, the subscription cost delivers the paper at less than a third of its normal price.
N Murali, Joint Managing Director of The Hindu, said, "There is no way the ABC will accept such a huge discount. In addition to the discount offered, there are newspaper agents and hawkers to be paid as well."
The launch date of the Deccan Chronicle hasn't been announced as yet. While the newspaper was unavailable for comment, a senior source within the publication's Chennai office said, "We are not fixed on the launch dates as yet, and are currently tying up the back-end. We will freeze on the dates shortly and make an announcement."
Deccan Chronicle's top management is said to be arriving in Chennai shortly, and a decision on the launch dates is expected during the visit. The date of launch may be announced by March 21, according to sources.


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[responsive][/responsive]Ah, it’s GOOD to be back.
After abandoning their print publication in 2013 and attempting to build a “community model” that just didn’t happen, GOOD is publishing a new print quarterly and re-embracing editorial content.
According to an article in Talking in New Media, “Each issue of the reimagined print publication, whose Spring 2015 issue hits newsstands today, contains impactful, socially conscious content, accompanied by lush photography, all connected by an overarching theme challenging readers to get out of their minds and into the world.”
This follows a period during which the company sought to create its own social network of sorts, says Michael Rondon in Folio:, an attempt that didn’t work and wasn’t successful.
Now, they’ve learned that they need to keep focused on their core product. Their new publication has a heavy editorial to ad ratio, and a premium price point to keep it that way.
“People still love print, but they’re expecting different perspectives than they have in the past. Today, our readers are seeking a magazine that is thought-provoking, intellectually satisfying, and something beautiful that they’ll want to hold onto and make a part of their lives,” said Casey Caplowe, Co-Founder of GOOD, in the TNM article.
“With that in mind, we set out to create a periodical that was more than just a quick skim; one that digs deeper into provocative issues, offers new ideas, and poses questions intended to inspire our readers.”
According to Rondon, this time around the focus is on editorial quality, not socializing.
“The company relaunched its website last summer with an emphasis on its own media, and has been staffing up accordingly since. Caplowe says they’ve added at least five permanent editors and writers, and have bulked up on the audience development side as well.
“They’ve also invested in print. The redesigned quarterly magazine hits newsstands today after a yearlong hiatus. It’s a substantial read, with 132 pages (including 123 of editorial) of heavier stock paper. The redesign process took about six months, Caplowe says, ramping up following the site relaunch last summer,” Rondon continues.
With any major business change, success or lack of it brings lessons, and GOOD’s experiment is no exception.
“There’s much more clarity around how we’re running the business now. In prior years, [the magazine] became an extension of what we were doing online instead of its own business. Now, we’re thinking about the model there in a more strategic way,” Caplowe said to Rondon.
“We’re structuring this incarnation of GOOD to be more reliant on subscribers, first and foremost, and to a lesser extent, single copy sales. We’re upscaling the product to connect with readers in a different way where it almost fits into that bookazine category.”
Look for GOOD at Barnes & Noble, select Hudson Booksellers and at Whole Foods, or via subscription.